2895-B Highway 14, MADRID, NM 87010
10 BR, 3 full BA, 2 ¾BA Single Family Home MLS# 201201509 ID: 18678779
Single Family, Other- See Remarks,Other- See Remarks - Madrid, NM
Offering a rare opportunity for a creative go-getter investor! In the heart of downtown Madrid, New Mexico, this is the former Madrid Schoolhouse. It is currently 100% leased out with an income of about $65,000 a year. There is 10,000 sq.ft. of versatile space. The original all-stone building has been extensively remodeled including new oak floors, electrical lighting fixtures, an addition of 2 baths in 2006, and a new foam roof in the 90's. A very unique property with endless possibilities/opportunities. There is the potential for rezoning per the Madrid plan.
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This $675,000 Single Family Home at 2895-B Highway 14 in MADRID, NM is listed by Barbara Graham . This $675,000 Single Family Home, located in the 87010 zip code , has the following property features: New Construction, Roof, Additional Areas, Property Type. This 2895-B Highway 14 Single Family Home, located in Santa Fe County, is listed under MLS listing number 201201509, has 10 beds, 5 baths, and has a listing price of $675,000. You can find more of Barbara Graham's listings by browsing homes for sale at HomesAndLand.com, or even more MADRID homes for sale here.